Betterlife Pharma Stock Price on October 28, 2024
| BETRF Stock | USD 0.08 0.01 9.59% |
If you're considering investing in BetterLife OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of BetterLife Pharma stands at 0.08, as last reported on the 16th of December 2024, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day. At this point, BetterLife Pharma is out of control. BetterLife Pharma secures Sharpe Ratio (or Efficiency) of 0.0102, which signifies that the company had a 0.0102% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BetterLife Pharma, which you can use to evaluate the volatility of the firm. Please confirm BetterLife Pharma's Risk Adjusted Performance of 0.0102, downside deviation of 9.31, and Mean Deviation of 5.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.0873%.
BetterLife OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BetterLife |
Sharpe Ratio = 0.0102
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| Cash | Small Risk | Average Risk | High Risk | BETRF |
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Estimated Market Risk
| 8.55 actual daily | 76 76% of assets are less volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetterLife Pharma is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BetterLife Pharma by adding BetterLife Pharma to a well-diversified portfolio.
BetterLife Pharma Valuation on October 28, 2024
It is possible to determine the worth of BetterLife Pharma on a given historical date. On October 28, 2024 BetterLife was worth 0.08 at the beginning of the trading date compared to the closed value of 0.085. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetterLife Pharma otc stock. Still, in general, we apply an absolute valuation method to find BetterLife Pharma's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BetterLife Pharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetterLife Pharma's related companies.
| Open | High | Low | Close | Volume | |
| 0.09 | 0.09 | 0.09 | 0.09 | 1.00 | |
10/28/2024 | 0.08 | 0.09 | 0.08 | 0.09 | 4,600 |
| 0.09 | 0.09 | 0.08 | 0.09 | 74,700 |
| Backtest BetterLife Pharma | | | BetterLife Pharma History | | | BetterLife Pharma Valuation | Previous | Next |
BetterLife Pharma Trading Date Momentum on October 28, 2024
| On October 29 2024 BetterLife Pharma was traded for 0.09 at the closing time. The highest daily price throughout the period was 0.09 and the lowest price was 0.08 . The daily volume was 74.7 K. The net trading volume on 10/29/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.35% . The overall trading delta to current closing price is 3.18% . |
BetterLife Pharma Fundamentals Correlations and Trends
By evaluating BetterLife Pharma's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BetterLife Pharma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BetterLife financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BetterLife Pharma OTC Stock history
BetterLife Pharma investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BetterLife is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BetterLife Pharma will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BetterLife Pharma stock prices may prove useful in developing a viable investing in BetterLife Pharma
BetterLife Pharma Inc., a biotechnology company, engages in the development and commercialization of compounds for the treatment of neurological disorders in Canada and internationally. BetterLife Pharma Inc. was incorporated in 2002 and is headquartered in Vancouver, Canada. Betterlife Pharma operates under Biotechnology classification in the United States and is traded on OTC Exchange.
BetterLife Pharma OTC Stock Technical Analysis
BetterLife Pharma technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
BetterLife Pharma Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
BetterLife Pharma cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BetterLife Pharma December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how BetterLife Pharma otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BetterLife Pharma shares will generate the highest return on investment. By undertsting and applying BetterLife Pharma otc stock market strength indicators, traders can identify BetterLife Pharma entry and exit signals to maximize returns
BetterLife Pharma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetterLife Pharma's price direction in advance. Along with the technical and fundamental analysis of BetterLife OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BetterLife to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0102 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (1.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0037 |
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Complementary Tools for BetterLife OTC Stock analysis
When running BetterLife Pharma's price analysis, check to measure BetterLife Pharma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BetterLife Pharma is operating at the current time. Most of BetterLife Pharma's value examination focuses on studying past and present price action to predict the probability of BetterLife Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BetterLife Pharma's price. Additionally, you may evaluate how the addition of BetterLife Pharma to your portfolios can decrease your overall portfolio volatility.
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